La Laguna II
Sector: Natural Gas • Location: Mexico
Source: World Bank Group
Mexico's state power company CFE awarded a contract to build, own, and operate a thermoelectric power plant to Spanish power company Iberdrola SA. The 500 MW project was to be operated by Iberdrola for 30 years. Once construction was completed, Iberdrola was to sell power to CFE under a 25 year Power Purchase Agreement (PPA).
A turnkey construction contract was singed between Iberdrola and ICA
- Status
- Prospective
- Sector
- Natural Gas, Warehouse, Power Generation (CCGT), Government, Commercial
- Location
- Mexico
- Updated
- 22 Jul 2026
- Source
- World Bank Group
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Project Information
Participants
Sponsoring Agency |
Status
Original status | active |
Taiyo status | Prospective |
Taiyo last update | 2026-07-22 |
Contact
| Not available for this record. |
Description
Description | Mexico's state power company CFE awarded a contract to build, own, and operate a thermoelectric power plant to Spanish power company Iberdrola SA. The 500 MW project was to be operated by Iberdrola for 30 years. Once construction was completed, Iberdrola was to sell power to CFE under a 25 year Power Purchase Agreement (PPA). A turnkey construction contract was singed between Iberdrola and ICA Flour Daniel (jointly owned by Flour Corporation and Empresas ICA Sociedad Controladora) for the gas-fired plant in 2003. Construction was completed and the plant began operating in March 2005. None None |
Original sector | Energy |
Budget |
Location
Country | Mexico |
Source
Source | World Bank Group |
URL |
More Details
Record type | Project |
Sector | Natural Gas, Warehouse, Power Generation (CCGT), Government, Commercial |
Article published date | 2024-09-25 |
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